Hong Kong stocks resumed their decline on Thursday, with technology stocks leading the sell-offs on growing anxiety that a global boom in artificial intelligence could turn into a bubble.
The Hang Seng Index fell 0.5 per cent to 25,344.03 at 11.23am local time, hovering around a three-week low. The Hang Seng Tech Index dropped 1.3 per cent.
On the mainland, the CSI 300 Index slid 0.6 per cent and the Shanghai Composite Index added 0.1 per cent.
Xiaomi, the Chinese smartphone and electric vehicle…Hong Kong stocks resumed their decline on Thursday, with technology stocks leading the sell-offs on growing anxiety that a global boom in artificial intelligence could turn into a bubble.
The Hang Seng Index fell 0.5 per cent to 25,344.03 at 11.23am local time, hovering around a three-week low. The Hang Seng Tech Index dropped 1.3 per cent.
On the mainland, the CSI 300 Index slid 0.6 per cent and the Shanghai Composite Index added 0.1 per cent.
Xiaomi, the Chinese smartphone and electric vehicle…  Read More ​Business – South China Morning Post